Examlex
Internal sales promotion efforts include training for salespeople and participation at trade shows where salespeople can meet potential customers.
Model Assumptions
Fundamental suppositions upon which economic models and theories are based to simplify reality and facilitate analysis.
Curve Shift
A change in the position of a curve on a graph, indicating a shift in the relationship between two variables.
Movement Along
Refers to a change in the quantity demanded or supplied of a good due to a change in its price, leading to movement along the demand or supply curve.
Federal Budget Deficit
The shortfall when the total government expenditures exceed its revenues in a fiscal year, requiring borrowing to cover the gap.
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